Treasury yields are directly correlated to oil prices and inflation expectations; as oil breaks out, yields break out, and if oil moves above $120, Treasury yields could spike toward 2025 highs, with the correlation visible across the entire yield curve (silver, 30-year, etc.).
factualpending
Speaker
Patrick CeresnaEvidence Quote
“direct correlation of rates to inflation expectations driven by...oil...as oil broke out...so did yields...if oil was to break out above 120...yields to potentially break out back towards 2025 highs”
Source
MacroVoices #530 Daniel Lacalle: China and The Us Will Decide The Outcome of The Iran War— Macro VoicesCreated: 8/12/2026, 6:10:01 PM
My Notes
Loading notes...